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king didn't invent that. >> that's something that grover was rebuffed. you can opt out. >> once you're in, that's it. >> yes. >> but look, the big good news for progressives here, there are two fundamental values that have driven the economic conversation for republicans in this era. one is deficit is the biggest problem. here we are with the cliff, the curve, whatever you want to call it and what do we find out? even republicans are warning they don't want to go over the cliff because guess what? just cutting the deficit without any regard to the rest of our priorities is a bad idea. it happens to be the heart of republican economic policy and the other thing about never raising taxes, guess what? we don't have the gdp to seniors ratio than we did 20 years ago, so if we're going to be serious about an ageing population, it means you can't stick to these fantasies. >> i remember two years ago on the show, introducing him to the audience and explaining he's the most powerful republican in government and i had to do this long thing on who he is. and now, h
king didn't invent that. >> that's something that grover was rebuffed. you can opt out. >> once you're in, that's it. >> yes. >> but look, the big good news for progressives here, there are two fundamental values that have driven the economic conversation for republicans in this era. one is deficit is the biggest problem. here we are with the cliff, the curve, whatever you want to call it and what do we find out? even republicans are warning they don't want to go over...
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republican congressman, peter king, responded. >> the fact he brought my wife into it. i don't think he has ever met me, certainly never met my wife. he better hope he doesn't. she will knock his head off. >> king also explained why norquist is wrong on substance. >> i did sign a pledge back in 1996, during the whole conflict with the clinton administration over the government shutdown. i was totally opposed to any tax increases at that time. but to say that a pledge on an issue like taxes would last for a lifetime is ridiculous. ronald reagan raised taxes a number of times because that's what he had to do to close the deal. >> when norquist started his anti-tax pledge, the deficit was $220 billion. now, it tops $1 trillion. this is a turning point for the gop or at least it could be. the other thing you need to know about is the money trail. in 2010, 66% of funding for americans for tax reform, norquist's group, came from two billionaire groups, according to an investigation by the nation magazine, karl rove's group, crossroads gps, gave $4 million. the center to prote
republican congressman, peter king, responded. >> the fact he brought my wife into it. i don't think he has ever met me, certainly never met my wife. he better hope he doesn't. she will knock his head off. >> king also explained why norquist is wrong on substance. >> i did sign a pledge back in 1996, during the whole conflict with the clinton administration over the government shutdown. i was totally opposed to any tax increases at that time. but to say that a pledge on an...
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take a listen, sir. >> everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. >> so, mr. moran, air cording to mr. norquist, if peter king changes his mind in order to help the very people you just described that will thereby help the american economy, then he's more likely to commit adultery? is that what he's saying? >> his wife should be far more ashamed of peter if he were to let himself be bullied by this guy grover. i mean, grover seems to be a mild-tempered guy but he employs these bullying intimidation tactics. the republican party should say, look, i'm bigging than that, i answer to my quaeconstituents. who are you to tell me how i can best served the needs of this country. grover norquist couldn't get elected to anything, dog catcher even. yet he's out there intimidating all these folks that some of whom really want to do the right thing and now is the time when they have to do the right thing, when they ha
take a listen, sir. >> everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. >> so, mr. moran, air cording to mr. norquist, if peter king changes his mind in order to help the very people you just described that will thereby help the american economy, then he's more likely to commit adultery? is that what he's...
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that pledge to look for new ways to generate revenue republican congressman peter king said bluntly, he is not ruling anything out. >> i agree entirely. a pledge to sign 20 years ago, 18 years ago. i think everything should be on the table. lou: two of the senator's not only reversing themselves on raising taxes but also rethinking their opposition to a susan rice secretary of state apartment. senators gramm and mccain both revising their political positis in a bit -- at a breathtaking pace. joining a summer we are calling the republican reset, the fiscal cliff, of course, and the coup in egypt, the president seemingly in search of a campgn. after a long holiday weekend, does anyone remember been gauzy? to find out, we are joined by of and the daily column founder and editor cockies contributor. thank you. let's start with republican party. is that o strong a word? in disarray. >> i think disarray is a little strong right now. we will see. it is one thing to talk about these issues so far in advance. in terms of the norquist tax pledge and certainly the susan rice, these are noises t
that pledge to look for new ways to generate revenue republican congressman peter king said bluntly, he is not ruling anything out. >> i agree entirely. a pledge to sign 20 years ago, 18 years ago. i think everything should be on the table. lou: two of the senator's not only reversing themselves on raising taxes but also rethinking their opposition to a susan rice secretary of state apartment. senators gramm and mccain both revising their political positis in a bit -- at a breathtaking...
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. >> gregg: new york con man peter king announced he will be stepping down from the committee. he is obligated to step down because of term limits self-imposed by the republican party as chairman he helped ensure that new york received crucial federal funding to help combat terrorism. his replacement is not yet announced. he will devote to his new time as the homeland's panel of counterterrorism subcommittee. >>> in an exclusive fox news sunday interview, senator john mccain weighing in on the debated of susan rice's potential nomination as the next secretary of state. rice has come under fire of her earlier explanation on the attack in benghazi, libya. senator mccain says he is willing to give rice an opportunity to explain herself. take a listen. there anything tt ambassador rice could do? >> sure. we give everyone the benefit of explaining that their position and the actions she took. i would be glad to have the opportunity to discuss these issues with her. >> chris: you are saying she could conceivably get your vote for secretary of state? >> i think she deserves the abilit
. >> gregg: new york con man peter king announced he will be stepping down from the committee. he is obligated to step down because of term limits self-imposed by the republican party as chairman he helped ensure that new york received crucial federal funding to help combat terrorism. his replacement is not yet announced. he will devote to his new time as the homeland's panel of counterterrorism subcommittee. >>> in an exclusive fox news sunday interview, senator john mccain...
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. >> and congressman peter king says nobody will get all they want, but if president reagan and speaker o'neill could get a deal, president obama and speaker boehner should as well. >> harris: let's hope that's true. thank you. right now, a child missing, city on edge and volunteers going door-to-door to try to find young dylan. also, no longer a mysteries, but an official cause. we now know why a strip club blew up and more than 40 buildings and homes including a day care center were heavily damaged. debris for blocks. and we'll check with the firefighters injured trying to save lives. and can it get any bigger? the powerball lottery mightier and millions of americans buying tickets. are you playing? stay close. with verizon. hurry in this saturday and sunday for great deals. likehe lucid by lg, free. or the galaxy nexus by samsung, free. this weekend, get the best deals on the best devices on the best network. exclusively at verizon. >> just in, pictures of small plane that just went down within the past hour and we're looking at a soccer field at cal state north ridge north of los an
. >> and congressman peter king says nobody will get all they want, but if president reagan and speaker o'neill could get a deal, president obama and speaker boehner should as well. >> harris: let's hope that's true. thank you. right now, a child missing, city on edge and volunteers going door-to-door to try to find young dylan. also, no longer a mysteries, but an official cause. we now know why a strip club blew up and more than 40 buildings and homes including a day care center...
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peter king said this two years ago, lindsey graham said this two years ago. chamblis of georgia said this two years ago. they said all these things all during the negotiations where they tried to undermine where john boehner and mitch mcconnell got 2.5 trillion in spending cuts without a dollar than tax increase and those people who are out there trying to offer tax increases undermining the rest of the republican party, undermining taxpayers and not keeping their word to the constituents who elected them. the same people are making comments now. bill: i think a lot of people on the right are not going to argue with you when they see $16 trillion in debt it just blows their minds and they think all the money that goes to washington it's not coming back home. it will only be spent and taken into a deeper hole. we have a new reality now, the wall street journel has an editorial today, it argues, let speaker john boehner debate the tax reform idea as long as he can to mitigate the damage that would come from democrats in the first place. why not allow that? >> w
peter king said this two years ago, lindsey graham said this two years ago. chamblis of georgia said this two years ago. they said all these things all during the negotiations where they tried to undermine where john boehner and mitch mcconnell got 2.5 trillion in spending cuts without a dollar than tax increase and those people who are out there trying to offer tax increases undermining the rest of the republican party, undermining taxpayers and not keeping their word to the constituents who...
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peter king of new york is the latest who marginalized the number one conservative lobbyist in washington. king said "a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. i don't think you can have a rule you're never going to raise taxes. or that you're never going to lower taxes. i don't want to rule anything out." you mean there's actually a level-headed republican in the house that wants to talk about this? republicans shouldn't rule anything out because the democrats are giving them one hell of a deal to go home with. the president has on the table right now, let's keep the taxes where they are for 98% of americans. how can republicans not campaign on that? they are going to be able to go home and say, hey, i didn't raise your taxes. not if you're the 98% of americans. it's the top 2% that have to pay more. they won't even buy into that in f if you listen to rand paul. the the democrats want to reinstate the clinton era tax rates. this would bring in $442 billion in revenue. they want to restore the estate tax level. democrats also want to ref
peter king of new york is the latest who marginalized the number one conservative lobbyist in washington. king said "a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. i don't think you can have a rule you're never going to raise taxes. or that you're never going to lower taxes. i don't want to rule anything out." you mean there's actually a level-headed republican in the house that wants to talk about this? republicans shouldn't rule...
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peter king says a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. but each congress is a new congress and you can't have a rule that you're never going to raise or lower taxes. i don't want to rule anything out. senator of georgia said, i'm frankly not concerned about the norquist pledge. senator john mccain said fewer and fewer people are signing this "pledge." it's actually a pledge, but any way. senator coburn called it "a tortured vision of tax purity." and it did you want end there in that article. bill crystal said this. >> let's have a serious debate. don't scream and yell when one person says, it won't kill the country if we raise taxes on millionaires. i don't understand why republicans don't take obama's offer. >> a calmist at the national review wrote, as a matter of political strategy not to say survival, republicans will have to agree to raise taxes on those defined as rich. republicans must also contend with the pew poll that asked who would be more to blame if a deal were not reached
peter king says a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. but each congress is a new congress and you can't have a rule that you're never going to raise or lower taxes. i don't want to rule anything out. senator of georgia said, i'm frankly not concerned about the norquist pledge. senator john mccain said fewer and fewer people are signing this "pledge." it's actually a pledge, but any way. senator coburn called it "a tortured...
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. >> the pledge is not for life, but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. no pledge taker has voted for a tax increase. they've had some people discussing impure thoughts on national television. the same thing with other people who are elected because they made that written commitment to the people of their state. >> that sounds like a threat. >> why does he keep making this romantic sexual thing? >> don't make it sexual! >> impure thoughts? romance and marriage? >> he's really sad. he's a little heartbroken here. he's had a lot of his life in this sacred oath, and they're discarding it like it was nothing. dan, two grover's point, you know, are those republicans having just impure thoughts as he put it, or are they willing to move away from the pledge and actually when it comes down to it not just increase revenues through closing loopholes but increase the rates? >> this is the reason why we shoul
. >> the pledge is not for life, but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. no pledge taker has voted for a tax increase. they've had some people discussing impure thoughts on national television. the same thing with other people who are elected because they made that written commitment to the people of...
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so other republicans did not listen to peter king or these others. >> and this guy is a political loan shark. the majority of americans want to see tax rates go up on the rich, but will norquist convince enough republicans it's better to dig in their heels than to reach a compromise? tom coburn is the republican senator from oklahoma, and joe klein is a columnist for "time." senator, i don't want to abuse your presence. my children think you're the greatest. i have a couple kids, one who worked on the debt commission and another one who just loves you for some reason. let's find out why. it seems to me if you look at the numbers, just arithmetic here, right now the government is taking in 15.7% of the gdp in the current fiscal year and spending 22.9% of the gdp. common sense tells us if we're going to get to 20, it seems like getting maybe to 20, maybe some liberals want to bid more, conservatives want to bid less. you have to come in both directions. your thoughts? >> i agree. the problem, chris, is we haven't had long-term thinkers in congress for a long time, and if you really look
so other republicans did not listen to peter king or these others. >> and this guy is a political loan shark. the majority of americans want to see tax rates go up on the rich, but will norquist convince enough republicans it's better to dig in their heels than to reach a compromise? tom coburn is the republican senator from oklahoma, and joe klein is a columnist for "time." senator, i don't want to abuse your presence. my children think you're the greatest. i have a couple...
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now, here's peter king from this morning. >> i myself am opposed to tax increases. they are going to be in a room trying to find the best prackag. we should not be making iron clad positions. so far he's pretty conciliatory in his language. >> so pretty hopeful as the clock particulars towards january 1st and the fiscal cliff, some call it a fiscal slope, some people are talking about it as a way to force people to really come to the table and there's one things that republicans are insisting on that they say they are opened to and that is entitlement reform. alex? >> okay. mike viquera at the white house. joining me is andy sullivan. thank you for being back. eleanor, i'll start with you. let's listen to dick durbin and lindsey graham today. >> okay. >> there's a bipartisan bill passed by the senate that will spare 98% of taxpayers across america from any income tax raises and 90% of the businesses. it's a bipartisan bill the house should pass to make sure we go forward with these negotiations without this specter of tax increases for working families. >> i'm willi
now, here's peter king from this morning. >> i myself am opposed to tax increases. they are going to be in a room trying to find the best prackag. we should not be making iron clad positions. so far he's pretty conciliatory in his language. >> so pretty hopeful as the clock particulars towards january 1st and the fiscal cliff, some call it a fiscal slope, some people are talking about it as a way to force people to really come to the table and there's one things that republicans are...
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lindsey graham, saxby chambliss, bob corker and peter king, they've said they're willing to compromise and consider revenue increases to avoid the fiscal clifft. their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now. david frum and james carville, you have been on every side of this. let me start with you though david. republicans talking about raising revenue by closing loopholes. you can get a heck of a lot of revenue that way. is this smart for them r or not? >> republicans are going to be yielding grown, but they have to avoid it under pressure. president has a strong hand. they have to keep their party together. frankly, i think loopholes are the -- so-called loopholes, deductions for home mortgage, at this point, the wrong place to look for new revenue. the place is look is with different kinds of tax so
lindsey graham, saxby chambliss, bob corker and peter king, they've said they're willing to compromise and consider revenue increases to avoid the fiscal clifft. their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now....
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peter king knows -- congressman peter king of new york noknows full well the pledge he signed and others, it's for while you're in congress, not a two-year period. >> it sounded to me he was sort of saying you have to re-up it for it to be legal or whatever the right word is. >> first of all, it's explained to everyone when they sign, it's in writing with them when they sign that it's a commitment while you're in -- while you're in the house or while you're in the senate. you run for a different office, you take it again. and so the congressman from ohio is leaving -- it doesn't pass the laugh test. that's an odd position. if you want to go to your voters and say i promised you this and i'm breaking my promise, you can have that conversation with them. but you don't have an argument with me. you've made a commitment to your voters. >> but it is, to some degree, i know you like to sort of step back and act as if that you don't really have that much to do with the pledge. but the pledge does come from you. i've read a lot. last week when we were talking you sort of said the same thing. we'
peter king knows -- congressman peter king of new york noknows full well the pledge he signed and others, it's for while you're in congress, not a two-year period. >> it sounded to me he was sort of saying you have to re-up it for it to be legal or whatever the right word is. >> first of all, it's explained to everyone when they sign, it's in writing with them when they sign that it's a commitment while you're in -- while you're in the house or while you're in the senate. you run...
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king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amount of money that the federal government takes away from job creators is going to harm economic growth and economic growth is the number one component to a solution. what all these senators are saying is they'll take a look at their pledge only if the president puts forward his plan. how is he going to close the other part of that deficit? you know, his proposal right now, the most he can say would raise would be about $68 billion when our deficit last year was $90 billion. what is the president's plan for closing the additional additional $1 trillion worth of deficit? i think that's incumbent on the president to put forward his plan. >> from your standpoint alone, there's no way you see fit in the coming 35 days that y
king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amount of money that the federal government takes away from job creators is going to harm economic growth and economic...
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>> preliminary lies that you -- >> stephanie: peter king yesterday said -- republican peter king said although she's done an effective job at the u.n., on this, she was wrong. he said if she set out there to speak to the american people about what happened on benghazi, she's obligated to look at more than three sentences on unclassified talking points because it was basically a cover story. no, it wasn't. it was the best information they had at the time. he insisted rice's position gives her access to classified information. it is an obligation not to just be a puppet. >> stephanie: she's supposed to improvise on classified information. >> just tell all of the classified information. there is a reason it is classified. >> stephanie: oh, is that the part i wasn't supposed to say to tick off al-qaeda? susan rice yesterday. >> i do think some of the statements you've made about me have been unfounded but i look forward to having the opportunity at the appropriate time to discuss all of this with him. >> it is not the policy! >> stephanie: she's not the problem. it is the president. so --
>> preliminary lies that you -- >> stephanie: peter king yesterday said -- republican peter king said although she's done an effective job at the u.n., on this, she was wrong. he said if she set out there to speak to the american people about what happened on benghazi, she's obligated to look at more than three sentences on unclassified talking points because it was basically a cover story. no, it wasn't. it was the best information they had at the time. he insisted rice's position...
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we wishing you the best on avoiding the fistcal cliff. >> new york congressman peter king is stepping down. the republican representative chaired the committee for seven he years. the republicans imposed a 6 year limit. king did get a waiver and is wrapping up his 7th year. it's unclear who will replace him. some speculate it will be less federal terror funding for new york. >> the president will hold meetings with key lawmakers to work out a deal to avoid the fiscal cliff. some express hope compromise will be worked out. others are concerned the divide between the parties will block that. >> we need to try to find a way to have the debates about policy and get to the point of compromise when possible but to do as much as we can to keep partisan politics out of the equation. >> i would say first partnership, i believe, is important if it's done right. you don't have democracy without parties. the problem -- and there are legitimate differences. the problem is when those differences become so i am bittered -- imbittered people cannot compromise. >> both agree cuts have to be made and n
we wishing you the best on avoiding the fistcal cliff. >> new york congressman peter king is stepping down. the republican representative chaired the committee for seven he years. the republicans imposed a 6 year limit. king did get a waiver and is wrapping up his 7th year. it's unclear who will replace him. some speculate it will be less federal terror funding for new york. >> the president will hold meetings with key lawmakers to work out a deal to avoid the fiscal cliff. some...
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here is peter king on that. >> president obama won, he won fair and square. we won the house, we won it fair and square. democrats still control the senate, slight edge to the democrats. bottom line it's over with, find a way to resolve it as much as possible between now and the end of the year. bill: what they are talking about again is house revenue. mitt romney campaigned on it. >> john boehner went to the white house ten days or so ago and put revenues on the table, and, again, we don't think that raising tax rates is something that is good for this economy, that will help grow jobs. and so what we have said is there are ways for the federal government to have more revenue if we grow this economy and engage in tax reform, that is the proposal we've got on the table. let's remember what all this is about. you could put taxes at 100% on the wealthy and not solve the problem of the spending. we have got to get to the problem and stop digging this hole in terms of spending money we don't have. you're running a trillion dollars of deficit every year plus that
here is peter king on that. >> president obama won, he won fair and square. we won the house, we won it fair and square. democrats still control the senate, slight edge to the democrats. bottom line it's over with, find a way to resolve it as much as possible between now and the end of the year. bill: what they are talking about again is house revenue. mitt romney campaigned on it. >> john boehner went to the white house ten days or so ago and put revenues on the table, and, again,...
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peter king yesterday. >> i agree entirely, a pledge you signed 18 years ago is for that congress. if i were in congress in 1841 i would have signed the declaration of war against japan, but i'm not going to go to war against japan today. >> bill: now listen to his follow up. >> i think everybody should be on the table. i myself am opposed to tax increases. i agree with trying to find the best practice. i have faith in john boehner. i think so far he has been pretty conciliatory in his language. >> bill: but no tax increases. also yesterday on one of the sunday shows on "this week." >> when you are $16 trillion in debt, the only pledge we should be making to each other is to avoid the coming brief and republicans should put revenue on the table. we are this far in debt capping deductions will help generate revenue. >> bill: oh, there again, yeah. no new revenue, yes. but not raising taxes. lindsay graham goes on to something else that he throws out here. >> i agree with we shouldn't raise rates, but i think grover is wrong. what do you do with the money? buy down debt and cut rates
peter king yesterday. >> i agree entirely, a pledge you signed 18 years ago is for that congress. if i were in congress in 1841 i would have signed the declaration of war against japan, but i'm not going to go to war against japan today. >> bill: now listen to his follow up. >> i think everybody should be on the table. i myself am opposed to tax increases. i agree with trying to find the best practice. i have faith in john boehner. i think so far he has been pretty...
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but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> and zoraida, there you have grover norquist -- >> weeks. >> -- of course, from the americans for tax reform throwing out some pretty strong political hyperbole. but the fact of the matter is, as you said, fiscal cliff, 35 days away, and as we've heard from a lot of economists, if congress can't fix this, then we're in a lot of trouble. we can be heading back into recession. >> mark preston live in washington, d.c. thank you for that. so even if democrats and republicans get a spending deal done in time to steer clear of the fiscal cliff, derer thompson says it won't necessarily cure the economy. the senior editor of "the atlantic" joins us live in the next half hour. he has an interesting perspective. >>> ambassador susan rice heads to capitol hill this morning to mend fences with three republican senators. john mccain, lindsey graham and kelly
but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> and zoraida, there you have grover norquist -- >> weeks. >> -- of course, from the americans for tax reform throwing out some pretty strong political hyperbole. but the fact of the matter is, as you said, fiscal cliff, 35 days away, and...
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we are joined by peter king. chairman of the homeland community. good to see you. >> good to be with you. martha: if susan rice is indeed considered for secretary of state we need to know where she stands on the issue of al-qaida and whether or not she believes that al-qaida is still a threat, is a growing threat. she says they were decimated. perhaps that is the most important thing that needs to come out of these discussions, what does she really believe about al-qaida in this region? >> right, martha, benghazi we're talking about the past, it's very important but it is the past. despite what susan rice this is about the status of al-qaida that will determine the policy over the next several years going into the future. i agree entirely with aepb ayotte. we see al-qaida growing and expanding throughout the middle east. either al-qaida or it's franchises growing and expanding, in many ways the threat is greater now than on 9/11. for susan rice not to understand that is alarming. martha: when she talked about what happened in benghazi and attribute
we are joined by peter king. chairman of the homeland community. good to see you. >> good to be with you. martha: if susan rice is indeed considered for secretary of state we need to know where she stands on the issue of al-qaida and whether or not she believes that al-qaida is still a threat, is a growing threat. she says they were decimated. perhaps that is the most important thing that needs to come out of these discussions, what does she really believe about al-qaida in this region?...
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Nov 27, 2012
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but everybody who signed the pledge including peter king who tried y ed tied to weasel out oe on him as the new york sun said today, i hope his wife understands the commitments last a little longer than two years or something. but you don't tell the bank, oh, the mortgage, wasn't that a long time ago? if you make a commitment, you keep it. >> now, despite what he said it likely that high earners will pay higher taxes. what sort of benefits could others lose in this trade-off? something has got to give, doesn't it? one idea, get rid of the tax benefit that homeowners get by being able to deduct mortgage interests. hold on. don't throw the remote at the tv set. i know it is a popular deduction. i know you like it. but it costs the feds $100 billion a year in -- and it is a dubious benefit to the federal government. the housing industry opposes getting rid of it because it fears that home sales will collapse again, just when housing is starting to make a comeback. the national association of realtors spent an estimated $25 million this year to lobby lawmakers against canning it. the mor
but everybody who signed the pledge including peter king who tried y ed tied to weasel out oe on him as the new york sun said today, i hope his wife understands the commitments last a little longer than two years or something. but you don't tell the bank, oh, the mortgage, wasn't that a long time ago? if you make a commitment, you keep it. >> now, despite what he said it likely that high earners will pay higher taxes. what sort of benefits could others lose in this trade-off? something...
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Nov 29, 2012
11/12
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peter king yesterday talked about grover norquist. said watch out grover. >> this whole thing with norquist came up out of nowhere. again, going back -- the fact that he brought my wife into it, he's never meet me or my wife. he better hope he doesn't because i'll knock his head off. >> going to knock his head off. his wife would knock his head off. >> that's a bad moment. peter king's spouse is going to come for grover norquist. >> bill: if king was responding to the fact that grover norquist said his pledge is like the marriage pledge, right. the same power. the same -- and if you take your marriage vows, it is once and forever. and if you sign his pledge, it is once and forever. i don't think most members when they sign that had quite the same -- >> most members thought of as peter king. some of the folks on capitol hill are like yeah, it is. >> he also sounds like a guy who might follow through on that threat, you know. >> he does have that sort of -- >> i was waiting for him to say my wife would knock his freakin' block off. he m
peter king yesterday talked about grover norquist. said watch out grover. >> this whole thing with norquist came up out of nowhere. again, going back -- the fact that he brought my wife into it, he's never meet me or my wife. he better hope he doesn't because i'll knock his head off. >> going to knock his head off. his wife would knock his head off. >> that's a bad moment. peter king's spouse is going to come for grover norquist. >> bill: if king was responding to the...
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. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest. >> amazing story of survival. man using the lid of a cooler to tread water for hours after his boat capsized. >>> all that -- >> anthony for three. >> charlie rose co-hosting "cbs this morning" in the early am -- >> touchdown, carolina. >> carolina wins 30-22. >> and all that matters -- >> you and i have lived much different lives. i mean i think that is apparent. >> you are a white man. >> i am a -- >> cyber monday the biggest shopping day online ever. >> cyber monday which means i was drunk when i bought all that crap tuesday. captioning funded by cbs >>> welcome to "cbs this morning." united nations ambassador susan rice meets face t >>> welcome to cbs th"cbs this morning." ambassador susan rice meets with critics on capitol hill this morning.
. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest. >> amazing story of survival. man using the lid of a cooler to tread water for hours after his boat capsized....
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Nov 26, 2012
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on japan. >> i know. >> it's not just peter king on the taxes. it's a big step, don't you think? >> it's a big step. >> grover. yeah, grover's taking a big hit since the election. there's no doubt about it. i think john, you'd verify this. number of republicans, i've talked to a couple of united states senators who said there's at least 10 to 12 republican senators who are willing to walk away from grover norquist on the tax pledge. >> it's breaking out all over. sanity is contagious. >> now, the question is, is the president going to stay where he is and go, you know what? we're going to do it my way or no other way? we're going to raise it to 90 -- to 39.6%. steve rattner had a great column yesterday. >> it's a must-read. >> you know there's more than one way to skin a cat, more than one way to raise over a trillion dollars in revenues. it doesn't just have to be the president's way. is the white house going to insist on the 39.6% tax rate, or will they consider the loophole part of it plus capital gains, plus a couple of other things? >> well,
on japan. >> i know. >> it's not just peter king on the taxes. it's a big step, don't you think? >> it's a big step. >> grover. yeah, grover's taking a big hit since the election. there's no doubt about it. i think john, you'd verify this. number of republicans, i've talked to a couple of united states senators who said there's at least 10 to 12 republican senators who are willing to walk away from grover norquist on the tax pledge. >> it's breaking out all over....
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Nov 26, 2012
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congressman peter king republican in new york feels the same way. take a listen to him. >> i think everything should be on the table. i myself am opposed to tax increases. the fact is the speaker and majority leader and the president are going to be in a room trying to find the best package. i'm not going to prejudge it. i'm saying we should not be taking ironclad positions. >> king says while the pledge may have worked in the past, now is the time to be flexible. zoraida? >> all right. paul steinhauser live in washington, d.c. for us. thank you. >> 33 minutes after the hour right now. just lots of buying this weekend. lots of shopping. a record $247 million shoppers hit stores and websites after thanksgiving. ed national retail federation says they also spent more money compared to last year. but -- will shoppers still be in a spending mood today? which, of course, is named cyber monday. christine romans is here with us. >> who named it cyber monday? hmm. the industry did! because once they saw that you would open up your wallet for black friday, t
congressman peter king republican in new york feels the same way. take a listen to him. >> i think everything should be on the table. i myself am opposed to tax increases. the fact is the speaker and majority leader and the president are going to be in a room trying to find the best package. i'm not going to prejudge it. i'm saying we should not be taking ironclad positions. >> king says while the pledge may have worked in the past, now is the time to be flexible. zoraida? >>...
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Nov 26, 2012
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peter king is also saying he's going to go against the pledge who agreed to it years and years and his reasoning that times have changed. here is the caviat . you are a republican and don't want to raise taxes and willing to compromise a bit, the democrats have to compromise with entitlement spending there. is a way here to find common ground and get away from the all or nothing pledges that the american public many of them were upset about the grid lock. >> brian: it is all symbolic. that brings 80 billion a year and would pay ian volving credit but it doesn't touch our deficit or balance our budget and the other thing that is important they have to get something in return. we'll put it up on the clinton rates and not touch medicare or medicaid? it is all part of the deal. >> gretchen: once you get people back to the table. it is it like a marriage, marriages don't work when one party said i will not budge on anything. >> brian: i hope my wife is listening. >> steve: we are in the let's make a deal stage. both sides want to appear flexibility when it comes to doing something. we aappa
peter king is also saying he's going to go against the pledge who agreed to it years and years and his reasoning that times have changed. here is the caviat . you are a republican and don't want to raise taxes and willing to compromise a bit, the democrats have to compromise with entitlement spending there. is a way here to find common ground and get away from the all or nothing pledges that the american public many of them were upset about the grid lock. >> brian: it is all symbolic....
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Nov 25, 2012
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representative peter king is stepping down as chairman of the house homeland security committee. the move could mean less cash coming into new york to combat terrorism because congressman king made it his mission to ensure that his committee received the amount of federal money it could. >> dave: and meanwhile, larry hagman best known for "dallas", but few knew of his support for organ donation and helped patients fight their fears. >> alisyn: he showed other people his other scar. >> every few years whether at salt lake city, columbus, orlando, minneapolis, louisville, and now here in pittsburgh, i never get tired of saying how much i love these games. on the count of three, show us our wounds of honor. one, two, three. (laughter) . >> alisyn: well, hagman made a lasting impression on children and daughters and one is catherine herridge who joins us now, great to see you. >> yeah, good to see you, thanks for having me this morning. >> how do you meet larry hagman. >> i hit him in 2008 and he was introduced as mr. hagman and he said call me larry and what did you guys get. peter
representative peter king is stepping down as chairman of the house homeland security committee. the move could mean less cash coming into new york to combat terrorism because congressman king made it his mission to ensure that his committee received the amount of federal money it could. >> dave: and meanwhile, larry hagman best known for "dallas", but few knew of his support for organ donation and helped patients fight their fears. >> alisyn: he showed other people his...
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then the chairman of house homeland security committee, peter king. >> the only pledge we should make is avoid becoming greece. republicans should put revenue on the table. >> i think everything should be on the table. i myself am opposed to tax increases. the fact the speaker and majority leader and president will be in another room trying to find the best package. i will not prejudge it. jon: joining us now for a fair and balanced debate the doug thorn former communication is chairman for the democratic national committee and congressman chris van hollen. ron bonjean for. former aide to house speaker dennis hastert. has grover norquist lost his will? >> speaker boehner said revenues would be on the table as well as spending cuts and entitlement reform but we would not raise tax rates. i have seen nothing different than what these senators have said in the last day or so than what speaker boehner has said. the key here is the devil is in the details. once we see some sort of fine print in the next couple weeks, we'll know, you know, we'll know whether our legislators stand. one inter
then the chairman of house homeland security committee, peter king. >> the only pledge we should make is avoid becoming greece. republicans should put revenue on the table. >> i think everything should be on the table. i myself am opposed to tax increases. the fact the speaker and majority leader and president will be in another room trying to find the best package. i will not prejudge it. jon: joining us now for a fair and balanced debate the doug thorn former communication is...
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Nov 26, 2012
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lindsey graham said exactly that and peter king did too. it is against raising taxes. there are other ways to do revenue. the democrats don't like those other ways. it is called growth. that brings in more revenue. and readjusting the tax code to bring in more revenue. you don't have to raise taxes on anybody. host: let's go to jim in new castle, delaware, on our republican line. caller: good morning. the reason we have to be against tax increases and for spending cuts is to just show that we are a different party than the national sociologist parted as running the white house and the senate right now. economic growth is being held back by the gigantic government in this country. have to go over= a cliff. right now we have to change the business cycle. washington is getting bigger and we are getting closer to the final disaster. republicans have to stand for something. it cannot just be democrat light. i am a republican and am pretty disgusted by what going on in the republican party. we need to get some conservatives running. we cannot just keep nominating the next gu
lindsey graham said exactly that and peter king did too. it is against raising taxes. there are other ways to do revenue. the democrats don't like those other ways. it is called growth. that brings in more revenue. and readjusting the tax code to bring in more revenue. you don't have to raise taxes on anybody. host: let's go to jim in new castle, delaware, on our republican line. caller: good morning. the reason we have to be against tax increases and for spending cuts is to just show that we...
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Nov 28, 2012
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because we have seen in the last few days, saxby chambliss lindsey graham, peter king, bob corker is the other one who said we're not bound by this. we don't feel we're bound by this pledge anymore. chuck schumer yesterday dan indicating that this -- he sees this as a good sign. >> republicans in both the house and senate are deciding they no longer want to be married to this pledge. republicans are saying they want a divorce from grover norquist. that alone is a leading indicator that the fiscal deal is within reach. both sides are still far apart. the discussions over the next few weeks will be difficult but with each new republican disavowing grover norquist, the chances of a deal rises sharply. >> bill: daniella, is grover over? >> oh, please, lord, let it be true! you know, i think so. there was a funny thing politico arena they ask these questions every day. one of the questions a couple of days ago was is grover norquist's reign over. the first person who responded was grover norquist. no. republicans are -- blah, blah, blah. >> bill: he says his pledge is the same as your maj
because we have seen in the last few days, saxby chambliss lindsey graham, peter king, bob corker is the other one who said we're not bound by this. we don't feel we're bound by this pledge anymore. chuck schumer yesterday dan indicating that this -- he sees this as a good sign. >> republicans in both the house and senate are deciding they no longer want to be married to this pledge. republicans are saying they want a divorce from grover norquist. that alone is a leading indicator that...